Waterfront Toronto approves deal to develop land once slated for Sidewalk Labs
Waterfront Toronto says it has approved an agreement with two companies that will develop a swath of lakeside land a Google affiliate once hoped to turn into a high-tech neighbourhood.
The organization overseeing the city's waterfront says the agreement with Dream Unlimited Corp. and Great Gulf Group. to develop the 12-acre neighbourhood known as Quayside was endorsed Thursday.
The companies together known as Quayside Impact Limited Partnership say the neighbourhood they will develop will be Canada’s largest all-electric, zero-carbon master-planned community.
It will have more than 800 affordable housing units, with more than half being family-sized with at least two bedrooms.
Another 3.5 acres will feature a car-free green space stretching from Parliament Street to Bonnycastle Street and there will be a low-carbon development, including Canada’s largest tall-timber structure.
Waterfront Toronto's announcement comes after Google affiliate Sidewalk Labs walked away from developing the land in May 2020 because of “unprecedented economic uncertainty."
This report by The Canadian Press was first published Dec. 13, 2022.
CTVNews.ca Top Stories
B.C. election campaign ends with downpours, handshakes, tough questions
A whirlwind 28-day campaign has now ended, undoubtedly going down in history one of the most unusual election campaigns British Columbians have ever seen.
People are lonely. Small steps in your community can make a difference
A move to a new city, remote work from home all day or a big change to social networks — your life experiences sometimes create loneliness that’s hard to shake.
Sydney Sweeney says she's been 'immersed in training' for new role unlike anything she's done before
Sydney Sweeney is tapping into the ring as she prepares for a new film role that will stand out as compared to her previous body of work.
Algae and a prayer: N.L. town studying whether seaweed can help offset massive water treatment bill
Facing a massive bill and a looming federal deadline, town officials in Conception Bay South, N.L. are turning to algae for water filtration help.
Arrests made after gunshots fired at Toronto Jewish girls' school
A 20-year-old man and a 17-year-old boy are facing multiple charges after allegedly firing gunshots at a Jewish girls' school last weekend.
Suspect in custody after standoff in Alberta city that saw shots fired at officers
One person is in custody after a standoff in Camrose, Alta. that lasted nearly 18 hours.
Millions of Cubans lose power after national grid fails
Cuba plunged into a countrywide blackout on Friday after one of the island's major power plants failed and caused the national electrical grid to shut down, its energy ministry said.
Suspect charged in hand-scooping incident at B.C. frozen yogurt shop
Days after a man was recorded walking behind the counter at a frozen yogurt shop in Richmond, B.C., and scooping product with his hand, a suspect has been criminally charged.
Freedom of expression threatened more seriously in Gaza than in any recent conflict, UN expert says
Freedom of expression has been threatened more seriously in Gaza than in any recent conflict, with journalists targeted in the war-torn territory and Palestinian supporters targeted in many countries, a United Nations expert said Friday.